Photo 1 of 1
$2,108,865
Sold on 8/27/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
1,422 |
$2,743 |
2007 |
On the market:
0 days
|
View full details, 15 photos, school info, and price history
A Pinellas County Portfolio of (9-Units 2-Bdrm-2.5-Bath) Residential Condominium offered For Sale at a 7.5% CAP RATE return with absolute triple net deal (NNN). Offered by Healthier Stay Oldsmar LLC. Seller will execute a 2-year lease back agreement with an option to extend beyond 2 years, paying $158,165 in annual rents that guarantees a 7.5% return, plus they pay for all taxes, condo fees, utilities, maintenance, etc. During this lease period, Buyer has No tenant issues, No maintenance issues/costs, No vacancy issues and No collection issues! A true passive real estate investment.
Listing courtesy of Non-Member Agent, STELLAR NON-MEMBER OFFICE